Mail chimp was one of the first 'soft ware' companies. Ben and dan turned an internal tool into a product that could scale. They built their own inhouse email software to let them build lists efficiently. But it would take usen to send them an envoyce for ten minutes worth of work, even if youe round up to an hour. These are tiny cheques. And honestly, i ran out of deposit slips for my bank because i had so many little chems. This is the kind of discovery that changes the course of companies. It's the eureca moment every scale focus anchmener lives for.
This week, we’re returning to an episode of Masters of Scale featuring Ben Chestnut, the co-founder and CEO of Mailchimp. The email marketing platform was acquired this year by Intuit in a multi-billion-dollar deal that closed this month. Hear how Chestnut used a DIY ethos to grow the company without ever raising a dollar of outside funding. The Mailchimp story is the exception to Reid's rule (always raise more money than you think you need!). The episode explores a range of options for those who don't fit the VC-funding mold. Cameo appearances: LeVar Burton (Star Trek, Reading Rainbow, LeVar Burton Reads), Don MacKinnon (Milq), Karen Cahn (iFundWomen).
Read a transcript of this episode: https://mastersofscale.com
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